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Single-Story Office Building
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3896 Burns Road, Palm Beach Gardens, FL 33410

Five-suite commercial property with owner-user or tenant availability and separate electrical and HVAC systems for each suite.

Property Size6,000 SF
Price / SF$541.67
Days on Market7

Property Features for 3896 Burns Road

General Information

Standard status Active
Size 6,000 SF
Class C
Property subtype Office, Mixed Use
Occupancy 63%

Additional Details

Office Units 5

Building Details

Year Built 1968
Year Renovated 2019
Buildings 1
Stories 1
Units 5
Tenancy Multi
Listing Agency: Reichel Realty & Investments Inc
Listed By: William Reichel · License #FL
Source: Crexi
Added: Jul 29 Changed: Aug 4 Last Checked: Aug 4 at 6:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reichel Realty & Investments Inc

Investment Insights

Based on property information with market context.

This approximately 6,000-square-foot office building was constructed as a single-story, five-suite commercial property. Suites 101, 102, and 103 together provide approximately 3,781 square feet for an owner-user or incoming tenant arrangements. Each suite has its own electrical service and HVAC, while impact glass is installed throughout the building. A roof system was added in 2019.

The property occupies the southeast corner of Burns Road and Riverside Drive in Palm Beach Gardens. Palm Beach Gardens government offices, along with fire and police stations, are approximately 1 mile west along Burns Road and Military Trail. The Gardens Logistical Facility is positioned east of the property.

Key Highlights

  • Approximately 6,000 SF single‑story office building
  • Five suites with approximately 3,781 SF across Suites 101, 102 and 103
  • Suites 101, 102 and 103 available for an owner‑user or new tenant(s)

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $273.6k $45.60
− Vacancy −$61.6k −$10.26
EGI $212.0k $35.34
− OpEx −$53.0k −$8.84
NOI $159.0k $26.51
6,000 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.27M
$1.99M – $2.65M (±1% cap)
NOI $159,030 @ 7.0% cap · market cap 4.89%
Second Best
no second resolved use
Theoretical Best
Office A
$4.23M
$3.70M – $4.93M (±1% cap)
NOI $295,788 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Restaurant Auto Repair Shop Big Box & Wholesale Store Building Supply Parking Lot & Garage Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Office units

Location Intelligence

Trade Area within ½ mile

1,240
Businesses Nearby

Demographics for 33410, FL

35,946
Population
17,830
Households
2
Avg Household Size
47
Median Age
47%
College-Educated
95%
High-School Grad
11.4 sq mi
ZIP Area
3,153
Density / Sq Mi
$96,059
Median Household Income
$47,169
Median Earnings
$2,193
Median Rent
$469,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Five-suite commercial property with owner-user or tenant availability and separate electrical and HVAC systems for each suite.
Where is this office building located?
The property is located at 3896 Burns Road Palm Beach Gardens, FL.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Approximately 6,000 SF single‑story office building; Five suites with approximately 3,781 SF across Suites 101, 102 and 103; Suites 101, 102 and 103 available for an owner‑user or new tenant(s)
More about this property
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